%20Banner%20images/SeminarWebsitebannerDESKTOP.jpg "Business Support Line")
%20Banner%20images/0152%20Seminar%20Website%20banner%20TABLET%20300dpi.jpg "Business Support Line")
%20Banner%20images/0152%20Seminar%20Website%20banner%20MOBILE%2072dpi.jpg "Business Support Line")
.png)
Cafe Restaurant Bar. Sunny Napier!
Listing: #EL00862
Nick Giles
Broker | Auckland - Ellerslie
Print or Share this Listing
About this Business for sale in Napier
Cafe Restaurant Bar. Sunny Napier!Can you live on almost $300,000 per annum in paradise? What a fantastic opportunity to enjoy a fabulous lifestyle in the Hawkes Bay.
Under the same owner for the last 17 years, the business has won both awards and a firm place in the hearts of locals and visitors alike.
With a wide choice of seating areas both inside and out, this cafe bar restaurant is a wonderful place to enjoy a glass of wine taking in the stunning sunset, or to enjoy the fabulous local produce in the award-winning restaurant.
- Very strong sales circa $38,000 per week including GST
- Very strong alcohol sales
- Exceptional history and nice and stable
- Well controlled costs and strong lease in place
- Seller’s Discretionary Earnings over $280,000 per annum
This business has proven itself to be one of the best in the area. The profits here will afford you an enviable lifestyle in the Hawkes Bay and the business is exceptionally well priced at $725,000 plus stock.
Demand is expected to be high so do not miss out on this one. Compare the price of this compared with similar in Auckland!
Asking $725,000 plus stock.
Reference: EL00862
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.